PHLX Takes 'Iron' Network Live
PHILADELPHIA—The Philadelphia Stock Exchange (PHLX) last week launched its Institutional Regional Optical Network (Iron), a single point of entry for PHLX offerings, which runs on Juniper Networks M-series routers, say exchange officials.
The Iron network offers connections to various PHLX offerings like the PHLX XLE equity trading system, the PHLX XL options trading system and the PBOT XL futures trading system.
"The idea was to make connectivity as easy and as fast as possible," says Bill Morgan
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